Loading chat...

MN HF2489

Bill

Official Source

Status

Introduced

3/14/2019

Primary Sponsor

Mary Murphy

Click for details

Origin

House of Representatives

91st Legislature 2019-2020

AI Summary

  • Changes the member contribution rate in the higher education individual retirement account plan from 4.5 percent of salary to equal the coordinated employee contribution rate in section 354.42, subdivision 2.

  • Amends Minnesota Statutes 2018, section 354B.23, subdivision 1.

  • Effective date is July 1, 2019.

  • Authored by Murphy by request and referred to the Committee on Government Operations.

Legislative Description

Higher education individual retirement account plan contribution rates increased.

Last Action

Introduction and first reading, referred to Government Operations

3/14/2019

Committee Referrals

Government Operations3/14/2019

Full Bill Text

No bill text available